scholarly journals Sustainable Corporate Growth: Relationship Between Life Cycle Concepts and Financial and Economic Factors, Probabilistic Modeling

2017 ◽  
Vol 22 (4) ◽  
pp. 425-436
Author(s):  
E.V. Krasil'nikova ◽  
Keyword(s):  
Life Cycle ◽  
Probabilistic Modeling ◽  
Economic Factors ◽  
Corporate Growth

Adverse Selection, Debt Capacity And Corporate Growth: An Industry Life Cycle Perspective

2013 ◽  
Vol 30 (1) ◽  
pp. 173
Author(s):  
Hasna Chaibi
Keyword(s):  
Life Cycle ◽  
Adverse Selection ◽  
Growth Stage ◽  
Firm Growth ◽  
New Economy ◽  
Life Cycle Theory ◽  
Corporate Growth ◽  
Growth Firms ◽  
Debt Capacity ◽  
Industry Membership

<p class="Default">This paper examines the industry impact on financing corporate growth. According to underinvestment and overinvestment problems, ?rms are more likely to have less debt capacity in their growth stage of life cycle. However, it is known that new economy firms have higher levels of growth rate, return and risk, and particularly undertake more technical projects. Therefore, I test the hypothesis that debt capacity during the growth stage of life cycle is affected by New Economy. My empirical analysis covers U.S. companies listed on NYSE, AMEX and NASDAQ in the period of 1990-2010. I find that growth firms have significantly smaller debt capacity. Nevertheless, supporting the life cycle theory of financing that emphasizes the adverse selection problem faced by new economy firms, this link tends to be less prominent in the new economy industry. The results complement prior studies that have found significant relationship between firm growth and corporate debt capacity by confirming the important role played by the industry membership (New Economy) in determining the intensity of this relation.</p>

scholarly journals MODELING THE NEW FRANCHISE CREATION DECISION: THE RELEVANCE OF BEHAVIORAL REASONS

2016 ◽  
Vol 17 (5) ◽  
pp. 110-137 ◽  
Author(s):  
HELDER DE SOUZA AGUIAR ◽  
SERGI PAULI ◽  
ABRAHAM SIN OIH YU ◽  
PAULO TROMBONI DE SOUZA NASCIMENTO
Keyword(s):  
Life Cycle ◽  
A Priori ◽  
Point Of View ◽  
Decision Makers ◽  
Economic Factors ◽  
Economic Point ◽  
Operating Modes ◽  
Life Cycle Stages ◽  
Methodological Aspects ◽  
Structured Questionnaire

ABSTRACT Purpose: Franchising is one of the fastest-growing operating modes in Brazil. In 2014, the Brazilian Franchising Association reported 2,492 active brands in the country. Some theories with an economic point of view, such as the agency theory, plural forms theory, or scarcity principle, explain why companies choose franchising. However, did the decision makers and founders of these franchises decide on this strategy taking only economic reasons into consideration? The purpose of this study is to understand the a priori criteria (prior to the decision) that executives took into account when adopting this strategy and the key motivations for this decision. Originality/gap/relevance/implications: The literature emphasizes the economic reasons for the success of the franchise model, but it does not focus on the founders' motivations when they choose this strategy. This is the gap that this study seeks to address. Dissonance could arise between economic reasons and entry motivations that could result in consequences for the management of new franchises. Key methodological aspects: Ten companies of different industries and different life cycle stages involved with the franchise model were scrutinized using a semi-structured questionnaire based on the literature on decision theory and franchising. Summary of key results: Behavioral factors significantly influence decision makers when choosing the franchise model. Key considerations/conclusions: This study distinguishes the economic reasons from the executives' motivations when choosing the franchise model and highlights the importance of non-economic factors in this decision.

scholarly journals Monitoring the Environment Exposed to Road Waste

2022 ◽  
Author(s):  
Vitaliy V. Chelnokov ◽  
Aleksey V. Matasov ◽  
Elena Zabolotnaya ◽  
Anna S. Makarova ◽  
Andrey N. Glushko
Keyword(s):  
Life Cycle ◽  
Environmental Impact ◽  
Hierarchical Model ◽  
Pollution Monitoring ◽  
Economic Factors ◽  
Systematic Analysis ◽  
The Road ◽  
External Conditions ◽  
Physical And Chemical ◽  
Deicing Agents

This study aimed to carry out a systematic analysis of the literature on the environmental impactsof waste resulting from year-round maintenance of roads (WMR) with deicing agents. The impacts on economic factors and the environment at all stages of the life cycle were systematically examined, taking into account the engineering and technological efficiencies, and the direct, indirect, prolonged and deferred effects. A structural-integral block-hierarchical model for monitoring and evaluating the impacts of WMR on the environment and on the industrial, social and economic system as a whole was developed.This incorporated the complex spatial-temporal industrial, biological, physical and chemical impacts of elements of the road infrastructure itself, as well as external conditions. Keywords: pollution monitoring, environmental impact of waste, pollution from transport

A Study on the Energy Consumption of Zhejiang New Rural Residential Buildings Based on LCA Theory

2014 ◽  
Vol 919-921 ◽  
pp. 1699-1702
Author(s):  
Guo Xin Wang ◽  
Ke Yin Xu ◽  
Ju Hui Zhang ◽  
Jian Hao Yao ◽  
Hui Fang Shen
Keyword(s):  
Life Cycle Assessment ◽  
Life Cycle ◽  
Energy Consumption ◽  
Energy Saving ◽  
Residential Buildings ◽  
Economic Factors ◽  
Engineering Project ◽  
Energy Saving Process ◽  
Reasonable Energy

Based on Life Cycle Assessment Theory (LCA Theory), the problems of Zhejiang new rural residential buildings at different stages of life cycle were analyzed. LCCM method of engineering project were adopted to highlight the influence of economic factors on energy-saving process and analyze the energy consumption of Zhejiang new rural residential buildings,so as to put forward reasonable energy-saving measures.

Economic Evaluation of a Solid Adsorption Solar Refrigerator

Solar Energy ◽  
2006 ◽  
Author(s):  
Emmanuel E. Anyanwu ◽  
Nnamdi V. Ogueke
Keyword(s):  
Life Cycle ◽  
Inflation Rate ◽  
Property Tax ◽  
Maintenance Cost ◽  
Economic Factors ◽  
Tax Rate ◽  
Rate Of Increase ◽  
Life Cycle Saving ◽  
Vapour Compression ◽  
Yearly Rate

A procedure is developed for assessing the economic viability of a solid adsorption solar refrigerator in terms of its life cycle saving over a conventional vapour compression refrigerator. The life cycle saving is expressed in generalized form. Economic factors considered include property tax rate, inflation rate, banks interest rate and yearly rate of increase of energy and maintenance cost. Results obtained indicate that the first cost of the solid adsorption solar refrigerator is usually quite high. However over time, the investment in it will be justified, especially in regions with high insolation level without grid connected electricity.

Ultrastructural analysis of “Sensory” surface nerve endings and “putative” neurotransmitter sites in Schistosoma mansoni Miracidia

1989 ◽  
Vol 47 ◽  
pp. 962-963
Author(s):  
Betty Ruth Jones ◽  
Steve Chi-Tang Pan
Keyword(s):  
Nervous System ◽  
Life Cycle ◽  
Schistosoma Mansoni ◽  
Snail Host ◽  
Complex Life Cycle ◽  
Rational Approach ◽  
Effective Control ◽  
The Social ◽  
Social And Economic Development ◽  
Basic Biology

INTRODUCTION: Schistosomiasis has been described as “one of the most devastating diseases of mankind, second only to malaria in its deleterious effects on the social and economic development of populations in many warm areas of the world.” The disease is worldwide and is probably spreading faster and becoming more intense than the overall research efforts designed to provide the basis for countering it. Moreover, there are indications that the development of water resources and the demands for increasing cultivation and food in developing countries may prevent adequate control of the disease and thus the number of infections are increasing.Our knowledge of the basic biology of the parasites causing the disease is far from adequate. Such knowledge is essential if we are to develop a rational approach to the effective control of human schistosomiasis. The miracidium is the first infective stage in the complex life cycle of schistosomes. The future of the entire life cycle depends on the capacity and ability of this organism to locate and enter a suitable snail host for further development, Little is known about the nervous system of the miracidium of Schistosoma mansoni and of other trematodes. Studies indicate that miracidia contain a well developed and complex nervous system that may aid the larvae in locating and entering a susceptible snail host (Wilson, 1970; Brooker, 1972; Chernin, 1974; Pan, 1980; Mehlhorn, 1988; and Jones, 1987-1988).

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